TransMedics up after Piper Sandler PT rise

ReutersJun 4, 2025 3:41 PM

Shares of medtech company TransMedics Group TMDX.O rise 1.6% to $130.79

Piper Sandler raises TMDX's PT to $145 from $125

Piper believes TMDX is on track to beat sales estimates for Q2, which could continue stock's strong momentum seen in recent months

While there was a slight decline in plane volumes in May compared to April, brokerage believes TMDX continues to see strong adoption of its aviation services

TMDX still appears positioned to deliver sequential quarterly growth in its logistics business given May flight volumes were higher than each month in Q1 - Piper

TMDX up 106.5% YTD, as of last close

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Recommended Articles

Is Netflix Still Worth Buying After a 10% Stock Slump? Who Is the Better Investment Compared to Disney?

TradingKey - After the market close on April 16, streaming giant Netflix delivered a seemingly impressive Q1 earnings report: revenue grew 16% year-over-year to $12.25 billion, exceeding the market expectation of $12.17 billion; earnings per share (EPS) reached $1.23, nearly doubling from $0.66 in t

Allbirds Ditches Sneakers and Pivots to AI Computing - Is BIRD Stock Still Worth Buying After a 600% Surge?

TradingKey - Allbirds surged 600% after announcing a full pivot to GPU leasing as NewBird AI. Shares pulled back 30% the next day. Key support $10, targets $13.30 and $15.90.

Nvidia Launches Ising Model Driving Quantum Sector Surge, QUBT vs IONQ, Which Is More Worth Investing In?

TradingKey - Following Nvidia’s launch of the Ising model, the quantum computing sector was rapidly galvanized; however, a company’s own commercialization progress remains the true determinant of its investment value. In comparison, IonQ’s revenue growth and execution capabilities are clearer, while QUBT is in an earlier stage, offering greater potential upside along with higher risk.

Why the Dollar’s Continuous Depreciation Still Fails to Save the Yen? When Will the Yen Strengthen?

TradingKey - As the U.S. Dollar Index continues to pull back from its highs amid easing geopolitical tensions and weakened rate cut expectations, the Japanese yen, instead of strengthening, has persistently hovered around the key psychological level of 160, repeatedly nearing the Japanese authoritie

TSLA Q1 Earnings Preview: Tesla Snaps 8-Week Slump—Now Buy the Dip or Wait?

TradingKey - The report for Q1 2026 results from Tesla (TSLA) is due on Wednesday, April 22, at the end of the market. After two months of pretty continuous drops, investors are now asking if the TSLA earnings report will provide any insight into the company's margin, growth rate, and overall AI roa

Featured Tools